trilium banner March 2012
     

22/09/2011

By Scott Thompson

RBS has launched FI GlobalAccount, providing a platform to deliver cross-currency payments in 132 currencies for FIs and their clients.

The combination of web-based FX initiation and SWIFT-based payment connectivity allows clients to ingrate the product with their existing infrastructure. The solution allows FIs to hold accounts within or outside the RBS network. Key benefits include: simplify cross-currency payment processes and expand global reach; know the FX rate upfront and mitigate FX settlement and currency devaluation risks; reduce network costs and increase FX revenue.

Wilco Dado, head of payments, Global Transaction Services, RBS, says: "We recognised that financial institutions needed to simplify the complexity and reduce costs in their own operations and concentrate their liquidity into their core currencies, whilst serving their clients growing global needs. FI GlobalAccount is entirely bespoke to FIs and delivered in a simple, flexible and cost-effective way".

Home     More News


Other stories you may find of interest:

SDD launches payments revolution - JPM, Citi, db & others unveil offerings
JP Morgan's Treasury Services division says it is already helping its clients to enhance European receivables management with its new SEPA Direct Debit (SDD) services, launched today to coincide with the inaugural day of the latest Single Euro Payments Area (SEPA) scheme. Other banks, such as Citi and Deutsche Bank are, of course, also marking this important occasion

News in brief - September 2010
A round-up by FST

News in brief - October 2010
A round-up by FST

bankers accuity may 2012


six_group

tdwi


FStech Whitepapers
Are We There Yet? Zero-Wait BI for Everyone
This CITO Research white paper, examines the business benefits of enabling users to perform their own data analysis, without making continual demands on IT.
Mobility Is Exploding: Are You Ready?
Mobile business intelligence replaces static information with real-time information, empowering data-driven decisions on the spot. This paper describes use cases to for bringing not just BI, but business discovery, to the front lines of your business.
Single Customer View in Financial Service
This white paper outlines what a single customer view is and what the UK requirements are, why this represents best practice and how it can be advantageous to the business, and the techniques and technologies that will be most effective in establishing and maintaining such an approach.
TATA Consultancy Services - Cloud Computing
Cloud computing is the convergence of virtualization, distributed applications, grid, maturity of enterprise software applications and enterprise IT management.
Genesys. Sustained Management: Changing the Game with Genesys iWD
The article explains how Genesys intelligent Workload Distribution (iWD) has the power to change the game in the contact center space based on new visibility into tracking, reporting, and performance management
Research Study: The Revolution in Self-Service Channels in the Financial Services Sector
This report analyses the growth of consumer self-service channels in key areas of the Financial Services Market
Genesys. Staffing and Workload Management:
Fleshes out the importance of properly managing contact center and back office work, especially through the alignment of employee skill sets.
Genesys. The Importance of Proper Hiring, Training, Career Path Development, Skilling, and Routing
Which explains why it is imperative to implement these factors correctly in the contact center and back office to ensure competent customer interactions.
Dataflux Video

This website is a part of Perspective Publishing Limited, registered in England No 2876166.